Hanshin Construction Signs 189.9 Billion KRW Highway Construction Contract with Korea Expressway Corporation - Equivalent to 16.5% of Annual Sales
Hanshin Construction has entered into a supply contract for the Jecheon-Yeongwol Expressway Construction Project Section 5 with Korea Expressway Corporation.
The contract value is 189,923,796,073 KRW, representing 16.5% of the consolidated revenue of 1,149,191,208,443 KRW in 2025.
The contract period runs from July 20, 2026 to April 18, 2032 approximately 5 years and 9 months, subject to change based on construction progress.
[AI Summary]This large expressway construction contract with a state-owned entity provides Hanshin Construction with a stable revenue stream and low credit risk, positively impacting future earnings.